FG Partners Academy to Train Real Estate Practitioners

• FG Partners Academy to Train Real Estate Practitioners

As part of its sensitisation moves towards boosting the mortgage and real estate business in the country, the Federal Government through its parastatal, Centre for Management Development, and Mortgage and Real Estate Academy have concluded plans to commence the training of practitioners in the industry.

The Chairman of the institution and Managing Director of Western Atlantic Corporation Limited, Dr. Ade Akinfolurin, said the training would commence with a luncheon in Lagos on September 19.

He said the public-private partnership was designed to help stakeholders key into the opportunities in the industry.

He said, “A nation that cannot provide housing is already a failed state. The partnership with the CMD is apt considering the fact that this is an area that has not been focused on before now. The CMD has the FG’s mandate to provide capacity and we are leveraging that.

“The upcoming luncheon will flag off the entire training programme of the academy, and secure the interest of the participating public in the development of the nation’s mortgage and real estate industry. It is also meant to further instill public confidence in President Muhammadu Buhari-led administration that through the academy, a new horizon in delivery of the much needed human capacity in the mortgage and real estate industry could be achieved.”

According to him, the luncheon is to buttress the importance of the academy, taking into consideration the Federal Government’s mandate to the various stakeholders in the discharge of their responsibilities.

“Most importantly, it is a demonstration of the fact that government is desirous of genuine partnership with the private sector to develop the economy,” he said.

Akinfolurin said the first batch of trainees would be 70 with all the primary mortgage banks, state governments’ representatives, real estate developers, the Federal Mortgage Bank of Nigeria, the Nigerian Mortgage Refinance Company and the Federal Housing Authority, among others, expected to be in attendance.

Although the proposed training programme was supposed to have commenced in 2016, Akinfolurin said its take-off was postponed till September 2017 to enable the Federal Government to perfect some areas of the programme for a comprehensive coverage that would address all issues in the industry.

“It was also to ensure that the training facilities of the CMD are enhanced for these high end training opportunities. The academy will provide first-class training and workshops that are structured for the Nigerian economy; hence relevance is very key here,” he said.